December 11, 2012 @ 1:24 am By Charles Luzar  |  

One heck of a fact. Kickstarter now provides 5x as much funding as the Nat’l Endowment for the Arts. (Danny Rimer) #FTStanford2012 — Chris Yeh (@chrisyeh) December 6, 2012  

December 10, 2012 @ 7:00 am By Charles Luzar  |  

RocketHub’s Crowdfunding Whitepaper may prove a little tedious for the typical entrepreneur, but if you’re looking for a deep understanding of crowdfunding’s status in the US it is required reading.  COO Jed Cohen and CFO Alon Hillel-Tuch were armed with their enthusiasm and this document at… Read More

December 7, 2012 @ 1:10 pm By Charles Luzar  |  

NowStreet Media, leader in financial markets’ reform, is pleased to announce the agenda detailing its esteemed speakers, renown workshops and generous sponsors for its much anticipated “Women Transforming Our Financial Markets Symposium” being held on Tuesday, December 11th in New York City. New York, NY… Read More

December 6, 2012 @ 2:27 pm By Charles Luzar  |  

Award from the Cincinnati USA Regional Chamber recognizes Klein for her founding and growth of popular crowdfunding platform SoMoLend.com CINCINNATI—Candace Klein, Founder and CEO of SoMoLend (http://www.SoMoLend.com/), has won the WE Celebrate Award for Best New Product or Service of the Year from the Cincinnati… Read More

December 5, 2012 @ 3:37 pm By Charles Luzar  |  

Washington, D.C., Dec. 5, 2012 — The Securities and Exchange Commission today announced that Robert W. Cook, Director of the SEC’s Division of Trading and Markets, plans to leave the agency. Since joining the SEC in January 2010, Mr. Cook has led the Division’s broad regulatory… Read More

December 5, 2012 @ 3:24 pm By Charles Luzar  |  

City of Cincinnati is the newest lender on the SoMoLend.com platform CINCINNATI—SoMoLend (http://www.SoMoLend.com/), a leading debt-based crowdfunding platform, and the City of Cincinnati have announced a new partnership to help Cincinnati, Ohio-area small businesses and entrepreneurs gain access to the funding they need to continue… Read More

December 4, 2012 @ 1:33 pm By Charles Luzar  |  

ConfidentCrowd Launches Accredited Investor Access for Broker-Dealer Members In Accordance with Title II of JOBS Act PHOENIX–(BUSINESS WIRE)– Dinan & Company today announced that its unique crowdfunding platform ConfidentCrowd will offer small and mid-sized businesses the opportunity to participate in much larger equity-based financings than available under… Read More

November 28, 2012 @ 6:00 am By Charles Luzar  |  

Last month I wrote an article about how a fund of funds may help some investors participate in crowdfunding.  Interested in additional perspective on the idea, I reached out to Sherwood Neiss of Crowdfund Capital Advisors for his take.  His response was as follows: (f) Applicability- Section 4(6) shall not apply to transactions… Read More

November 27, 2012 @ 9:49 am By Charles Luzar  |  

Mary Schapiro has stepped down as chairman of the SEC.  President Obama has appointed Elisse Walter to head the SEC upon Mary Schapiro’s departure. Immediately following Ms. Schapiro’s announcement, there was some concern that the process of installing a replacement would bring delays to the… Read More

November 20, 2012 @ 4:50 pm By Charles Luzar  |  

The 2012 Forum on Small Business Capital Formation is in the books. Industry leaders met with representatives from the SEC in an effort to build consensus on regulatory recommendations for crowdfunding’s implementation in the US. Although the movement has come a long way, there is… Read More

November 14, 2012 @ 8:52 pm By Charles Luzar  |  

Today we’re excited to announce the release of the first version of our crowdfunding directory. Our directory allows users to search our database of sites as well as filter by type and country.  We’ve leveraged Twitter Bootstrap to make the site fully responsive, so you… Read More

November 9, 2012 @ 11:14 am By Charles Luzar  |  

NEW YORK—In response to increased borrower and accredited investor demand on the east coast, SoMoLend, a debt-based crowdfunding platform headquartered in Cincinnati, has expanded to a second location in New York City. The expansion comes on the heels of receiving funding from NYC Seed, as… Read More

November 9, 2012 @ 1:12 am By Charles Luzar  |  

An organization affiliated with Occupy Wall Street has a crowdfunding idea aimed at reducing or eliminating crushing debts for private citizens. Most Americans are accustomed to carrying debt, and when bad things happen in life sometimes that debt can become a serious burden.  When debtors… Read More

November 8, 2012 @ 11:57 am By Charles Luzar  |  

The SEC has released the agenda for next week’s Forum and is below.  We will be on the ground for this event.  To schedule time to meet with us please email info@crowdfundinsider.com Washington, D.C., Nov. 7, 2012 — The Securities and Exchange Commission today announced the… Read More

November 7, 2012 @ 10:01 am By Charles Luzar  |  

$400,000 in donations from 5,000 people in just 8 days.  Crowdfunding portal GoFundMe continues to have a big impact on the lives of Hurricane Sandy victims.  Their dedicated Hurricane Sandy relief page has been busy. Some of the stories people are sharing are just heart… Read More

November 5, 2012 @ 10:19 pm By Charles Luzar  |  

Debt-based crowdfunding portal Lending Club surpassed $1 billion (with a B) dollars in funded loans today.  On that billion dollars, approximately $85 million in interest payments were made to investors.

November 5, 2012 @ 8:15 pm By Charles Luzar  |  

  It is becoming clear that Hurricane Sandy has had an astonishing impact on the eastern seaboard of the US.  Dozens are dead.  New York officials estimate that up to 40,000 people were left homeless by the storm.  The FEMA trailers made famous in the… Read More

October 26, 2012 @ 3:59 pm By Charles Luzar  |  

A few weeks back I wrote about how risk shouldn’t stop crowdfunding from becoming available in the United States.  However, any responsible investor should consider risk before participating in any investment.  Investment without pragmatism is just gambling, after all. What are the legitimate risks involved… Read More

October 25, 2012 @ 1:36 pm By Charles Luzar  |  

CINCINNATI and NEW YORK —While it remains difficult to obtain financing from traditional means, small business borrowers can now reach out to friends, family and other high net-worth individuals to secure financing through a newly formed partnership between two of the country’s alternative lending companies…. Read More

August 24, 2012 @ 1:46 pm By Charles Luzar  |  

New York City (August 23, 2012) – In a letter to the Securities and Exchange Commission today, the Crowdfund Intermediary Regulatory Advocates recommended that the SEC consider rules that would keep a crowdfund investor’s right to rescind a crowdfund investment be kept as close as possible to the… Read More